FOR SHARES IN ROBINSON AND COMPANY LIMITED

KEY HIGHLIGHTS

�� Revised offer price of S$7.00 per share

�� Premium of 60.6% to the last transacted price1 prior to the announcement of the Offer

�� Only offer on the table to date

�� Offer closes at 5.30 p.m. on 3 April 2008 or such later date, if any, as may be announced by or on behalf of the Offeror

Singapore, 17 March 2008 ? This news release should be read in conjunction with the full text of the announcement dated 17 March 2008 (the "Announcement") made for and on behalf of ALF Global Private Ltd. ("ALF Global" or the "Offeror") and the offer document dated 3 February 2008 (the "Offer Document") issued for and on behalf of ALF Global, in relation to the voluntary conditional cash offer (the "Offer") for shares in Robinson and Company Limited (the "Company" or "RCL"). A copy of the Announcement and the Offer Document are available on www.sgx.com.

Revised Offer Price

ALF Global is pleased to announce that it has today revised its offer price to S$7.00 in cash for each share in RCL.

As at 5.00 p.m. on 14 March 2008, the Offeror has received valid acceptances in respect of 22,934,933 shares in RCL, representing approximately 26.69% of the total shares in RCL.

Mr. James Gillespie McCallum, Director of ALF Global, commented: "We believe this revision represents a full price for the business and a compelling opportunity for shareholders to realize value."

The closing date of the Offer remains at 5.30 p.m. on 3 April 2008, or such later date, if any, as may be announced by or on behalf of the Offeror.

1 Last transacted price on 18 January 2008, being the last trading day prior to the announcement of the Offer, after adjusting for the interim dividend of S$0.10 per RCL share announced by RCL on 12 February 2008 for the financial year ending 30 June 2008